This is BankNIFTY Future based strategy Trend following. Where the BOT takes automatic Buy or Short position on Banknikfty Future. This strategy can be automated with three Brokers i.e. Mastertrust and IIFL for now, as and when we integrate other brokers will update you all.
The strategy doesn't have Stoploss or target or trailing Stoploss
The strategy is developed to follow the trend of Banknifty. This is a hedge strategy, where the bot takes two positions based on signal. In case of Buy signal the Algo bot buys Future and also buys Put option. In case of short signal, the Algo bot shorts Banknifty Future and buys Call option. Hence you can consider this as Banknifty Investment strategy bot.
The performance data updated and calculated on historical data considering Brokerage and monthly rollover of future. Even though there might be some deviation in actual return compared to the projected return.
This strategy can be automated with Aliceblue, Mastertrust and IIFL for now, as and when we integrate other brokers will update you all.
This is a positional strategy where margin is approximately 50K to 60K, please maintain this margin to continue to trade and to avoid any error in execution due to margin shortfall.
Target and SL Logic:
The strategy does not have any target or Stoploss or Trailing stoploss..
Please ensure you maintain the required margin to avoid discontinuity during drawdown phase.
Please watch the below Video to know more of the strategy bot.
Disclaimer: The strategy used by this Algorithmic trading bot is based on historical data and do not guarantee future results. This trading bot may not perform as expected due to unforeseen market conditions, technical issues, or other factors. We do not guarantee any specific returns or outcomes, and you should be prepared to potentially lose all or a portion of your investment. We are not responsible for any losses incurred from using this Algorithmic trading bot, and you own full responsibility for your investment decisions.
Holding : Positional
Instrument : BANKNIFTY
Segment : FNO
Market Conditions : Trending
Capital Required : 100000
Daily Return : 0.00 - 0.00 %
Monthly Return : 10.00
Yearly Return : 200.00
Winning Probablity : 48.00